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Energy Vault and Jupiter Power Announce New Agreement for Battery Energy Storage System in Texas

LCG, June 4, 2025--Energy Vault Holdings Inc. (Energy Vault) and Jupiter Power (Jupiter) today announced the signing of an agreement for the supply of an additional battery energy storage system (BESS) at a Jupiter site in the Electric Reliability Council of Texas (ERCOT) region. The initial BESS project, located near Fort Stockton, Texas, was completed in July 2024, with a storage capacity 100 MW/200 MWh. The new BESS project will add another 100 MW/200 MWh of capacity. Construction has commenced, and the project is expected to achieve commercial operations by the end of this summer.

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NuScale Power Achieves Standard Design Approval from NRC for 77 MW SMR

LCG, May 30, 2025--NuScale Power Corporation (NuScale), a leading provider of advanced small modular reactor (SMR) nuclear technology, yesterday announced that it has received design approval from the U.S. Nuclear Regulatory Commission (NRC) for its uprated 77 MW power modules. NuScale states that it remains the only SMR technology company with design approval from the NRC, and the company remains on track for deployment by 2030, with 50- and 77-MW SMR options.

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Industry News

First Energy to Supply 60% of Duquesne Light's Load

LCG, Dec. 19, 2001--First Energy Corp. and DQE Inc. announced jointly yesterday that First Energy Solutions will supply DQE subsidiary Duquesne Light Co. with about 60 percent of the power the utility needs for its native load, upon Duquesne Light entering the PJM West power pool.

The agreement will provide Duquesne light with enough capacity to meet anticipatedcapacity credit obligations under PJM Interconnection L.L.C.'s rules. PJM operates the world's largest competitive wholesale electricity market and one of North America's largest power grids.

First Energy Solutions will provide capacity from its 2,360 megawatt Bruce Mansfield plant and its 1,630 megawatt Beaver Valley nuclear power plant, both located in Shippingport, Pa., and 1,933 megawatts from its W. H. Sammis plant located in Stratton, Ohio.

Until required by Pennsylvania's electric restructuring law to divest itself of its generation assets, Duquesne Light was part owner of all three plants and was operator of the Beaver Valley nuke.

First Energy said the agreement, which requires Federal Energy Regulatory Commission approval, as well as certification by PJM that these units qualify as PJM capacity under its rules, will provide it with the opportunity to sell the balance of the output of the units either into PJM or into the East Central Area Reliability Coordination Agreement region.

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